Business Management & Consultancy
insolvency services | business recovery | business debt
INSOLVE365 with our team of specialist insolvency services and business recovery professionals provide services to corporate and personal clients. Whether you are involved with a struggling business, being chased for payment, experiencing personal financial difficulties or know someone in financial distress, the team at INSOLVE365 can help.
In today's uncertain economy and continuing financial credit crisis your company and business could be facing insolvency or experiencing major difficulties due to cash-flow problems and a variety of other reasons. These financial problems may perhaps prove to become much less serious than they might seem, if proper action is taken. It's very crucial that the challenges are isolated and the causes are immediately identified. Our team of insolvency professionals and financial experts are here to help you and your company get out of debt.
Why choose the Insolvency services & business recovery professionals at INSOLVE365?
Because when we buy your company it will be Insolve365 with the professional and lawful process where your debts become our debts. Your problems with the insolvent company are thus over.
Founder of the business brand Insolve365
DEBT IS ONE OF THE PRIMARY FACTORS THAT CAUSE BUSINESSES IN THE UK TO FAIL ON A DAILY BASIS.
OVER 5000 COMPANIES IN ENGLAND AND WALES HAVE GONE INTO LIQUIDATION DURING THE SECOND QUARTER OF 2014.
THE NUMBER OF COMPANIES GOING INTO LIQUIDATION IS GROWING BY MASSIVE NUMBERS EVERY YEAR, WITH SIGNIFICANTLY MORE COMPANIES TRYING TO STAY SOLVENT. THESE ARE STILL DESPERATE ECONOMIC TIMES AND MANY MORE COMPANIES WILL FACE INSOLVENCY AND LIQUIDATION BEFORE RECOVERY.
AS DIFFICULT AS DEBT CAN BE, THERE ARE SOLUTIONS AVAILABLE TO ELIMINATE BUSINESS DEBT. SOLUTIONS THAT CAN HELP COMPANIES AND BUSINESSES SURVIVE AND PROSPER AND SIGNIFICANTLY REDUCE THE AMOUNT OF DEBT OWED TO CREDITORS. THAT’S WHERE WE CAN HELP. AT INSOLVE365 WE HAVE OVER 20 YEARS OF EXPERIENCE HELPING PEOPLE AND BUSINESSES RESOLVE THEIR DEBT PROBLEMS AND GET OUT OF DEBT. DURING OUR 20 YEARS WE HAVE BUILT UP RELATIONSHIPS WITH CREDITORS, FINANCIAL INSTITUTIONS AND PRIVATE EQUITY. THAT MEANS THAT UNLIKE MANY INSOLVENCY PRACTITIONERS WE CAN SECURE THE BEST OUTCOME FOR YOU AND YOUR BUSINESS. DON’T LET DEBT AND CREDITORS DICTATE YOUR BUSINESS FUTURE! ELIMINATE DEBT TODAY WITH INSOLVE365!
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A CVA is a legally binding contract or agreement between your company and creditors. First and foremost, licensed Insolvency practitioners will help you to work out a so called proposal to creditors. This proposal must be accepted by creditors in order for CVA to be implemented and valid. So, what is a CVA, and how does a Company Voluntary Arrangement actually work? Please read through our website or contact Insolve365 directly with any question you may have in regards to business debt or insolvency your company might be facing with.
The main benefit of pre-pack administration would be the continuity of the "business". When the program is ready and contract is in place, the business is subsequently protected by the Court - allowing the court appointed administrator to sell the "business and assets" at a market value to a buyer.
This way a liquidation can bring a quick finish and end, if, of course, directors act soon and appropriately. You still be able to be a director of another business after a liquidation, however it is important to note that there are strict controls over the re-use of a enterprise name and you as a director had to act in accordance with rules and regulation without a misconduct.
Are there any disadvantages in a CVL?
-There will be an investigation
A very intimidating disadvantage of a CVL is the fact that after the formal liquidation process is initiated the company director(s) will have to face a thorough investigation by an appointed liquidator. As liquidator has legal duties towards creditors he will protect their interest. You as a director will have to supply and deliver complete accounting agenda and provide documentation and information regarding the insolvent company. You might have to attend depositions and give sworn statements of affairs of the company, repeatedly if necessary. In a case of a serious misconduct you could also be found guilty of fraudulent trading and end up personally liable for some of company’s debts. You could also be potentially disqualified as a director by the Insolvency Service from serving on any UK Limited company for up to 15 years. The best way to avoid such a harsh situation is to consult with Insolve365 immediately.